November 27, 2024
What is an Issuer Processor?
Issuer processors play a crucial part in payments processing. Understanding their role can be confusing due to the similar names of the other players involved in the payments ecosystem, including issuers and acquiring processors. Even if people are familiar with the term, many still think of a payment processor as card processing on the acquirer side. Let’s clarify what they are, what they do, and where they fit into the wider payments process.
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